Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-15T13:33:00.000Z
Cathie Wood, head of Ark Investment Management, has a history of buying stocks shortly after their IPOs. In recent years, Wood’s Ark funds have invested in newly public companies such as TempusAI(TEM), Coinbase (COIN), and CoreWeave (CRWV), reflecting her strategy of gaining early exposure to high-growth businesses in artificial intelligence, cryptocurrency, and cloud computing. Now, Wood is making anotherIPObet, buying more than $529 million worth ofSpaceXstock. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing theS&P 500’s return of 17.88% in the same period. But so far this year, Wood’s flagshipArk Innovation ETF(ARKK) is down 2.85%, while the S&P 500 surged 8.56%,Yahoo Finance datashows. Wood gained a reputation after the Ark Innovation ETF delivered a 153% return i
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.